Seven VARs mix in mid-market mega merger
Calyx Software, Gyrosoft, Trinity Computer Services and divisions of MentecPlus, Touchstone Group, Sys-Care and Avent-Garde merge to become m-hance
Seven software specialists have pooled their resources and come together to form one giant player in the mid-market.
Calyx Software, Gyrosoft, Trinity Computer Services and divisions of MentecPlus, Touchstone Group, Sys-Care and Avant-Garde have been integrated into a single player known as m-hance under a new senior management team.
The news follows a series of recent acquisitions that has seen m-hance grow to 150 staff covering 1,000 customers direct across the UK and Ireland, and a further 1,000 through channel partners.
The company operates from offices in Manchester, London, Loughborough, Dublin and Glasgow. Mark Thompson, chief executive of m-hance, said: “The creation of m-hance allows us to go to our customers with a single clear identity and message. The company benefits from the stability, long trading history and deep client relationships of each of the component entities.
“We have combined the strengths of seven respected specialists into one financially strong leader with an experienced management team backed up by a solid balance sheet containing no external debt.”
The newly combined player claims the new structure allows it to further develop its product offerings along vertical market-specific lines such as distribution and manufacturing; and also expand its coverage of the education, financial services, hospitality and leisure sectors.
Thompson added: “The value-added benefits m-hance brings to our customers include a wider product portfolio, access to our own secure hosting facility and increased capabilities in terms of support and services.
“Our customers are very loyal and more than 50 per cent of our revenues are recurring. This translates to strong relationships and references we can leverage to win new business.”